As Ethereum (ETH) continues to hover around the $2,500 mark, signs of market exhaustion are beginning to emerge. Analysts suggest the second-largest cryptocurrency by market cap could face a short-term pullback before attempting to break through higher resistance levels. Ethereum Showing Signs Of Overheating According to a CryptoQuant Quicktake post by contributor ShayanMarkets, ETH is…
Tag: ETH
Ethereum Price Maintains Key Support — Is a Breakout Rally Brewing?
Ethereum price found support at $2,350 and started a fresh increase. ETH is now rising and might aim for a move above the $2,580 resistance zone. Ethereum started a decent increase above the $2,480 and $2,500 levels. The price is trading above $2,520 and the 100-hourly Simple Moving Average. There is a connecting bullish trend…
$3.8 Billion In Capital Inflows Behind Ethereum’s Post-Pectra Surge, Data Shows
On-chain data shows Ethereum has seen a significant rise in its Realized Cap recently, signaling the incoming of capital into the asset. Ethereum Realized Cap Has Climbed To $244.6 Billion Recently In a new Realized Cap has flipped since the Pectra upgrade. The Pectra upgrade went live on May 7th and introduced a bunch of…
Ethereum Price Fails to Break Through — What’s Holding It Back?
Ethereum price corrected gains and tested the $2,320 zone. ETH is now struggling and might decline toward the $2,220 support zone. Ethereum started a correction from the $2,580 zone and tested $2,320. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at…
Ethereum Price Struggles To Hold Above $2,500 — Watch Out For This Support Level
The Ethereum price performance in the month of May has been nothing short of outstanding, surging by more than 35% in the past two weeks. After making a strong run toward the $2,700 mark on Tuesday, May 13, the altcoin’s price has struggled to build on its momentum over the past few days. The price…
Ethereum Price Risks Further Crash To $2,350 With Lower Lows Formation
The Ethereum price has ranged low now after making a new monthly high back on Tuesday. This increase had come as a much-needed relief for the crypto market, which had watched the ETH price struggled while Bitcoin thrived. However, the bullish breakout has not lasted long as bears have once again taken control and sellers…
Ethereum Faces Resistance Against Bitcoin – ETH/BTC Bullish Structure In Question
After a strong rally that pushed Ethereum to a local high of $2,730, the asset has retraced over 10%, now testing key support levels as the market cools off. The correction comes after days of heavy buying pressure and growing expectations of a broader altseason. However, the recent pullback has sparked debate among analysts and…
Ethereum Breaks Above Key Realized Price Zones—What It Means for ETH
Ethereum (ETH) experienced a slight price pullback over the past 24 hours, declining by 2.1% to hover slightly above $2,500. Despite this daily decline, ETH has remained at more than 30% over the past week, marking a strong recovery trend from earlier market conditions. The rally follows broad strength across the crypto market, with Ethereum…
Ethereum Price Dips May Offer Buying Opportunity — Bulls Eye Reentry
Ethereum price extended its increase above the $2,720 zone. ETH is now correcting gains and might revisit the $2,500 support zone. Ethereum started a fresh increase and cleared the $2,720 resistance. The price is trading above $2,520 and the 100-hourly Simple Moving Average. There is a short-term declining channel or a possible bullish flag forming…
Ethereum Price Pops Above $2,700 — Rally Gains Traction Once More
Ethereum price extended its increase above the $2,700 zone. ETH is now correcting gains and might revisit the $2,575 support zone. Ethereum started a fresh increase and cleared the $2,700 resistance. The price is trading above $2,620 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance…